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Milton made landfall near Siesta Key yesterday, leaving 2.7 million homes without power.
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Over the past several months, Floir approved nearly one million policies for takeout from Citizens.
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A full roundup of our coverage, from tropical depression to landfalling storm.
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On Wednesday, the model had suggested a mean figure at $25.3bn.
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Florida insurers averted a crisis, but reinsurers will still see damages.
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The hurricane is likely to prevent rate reductions in property cat in 2025.
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Shares gained after Hurricane Milton did less damage than anticipated.
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The event has spared (re)insurers the more extreme scenarios that were under discussion earlier this week.
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A quick roundup of today’s need-to-know news, including Milton loss estimates and today’s CPI numbers.
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He brings over 25 years of experience in PE and transactions solutions.
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Milton made landfall south of Tampa Bay at Category 3 on Wednesday night.
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She most recently led the broker’s UK insurance vertical.